The India Center Foundation Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 06/2016
- Data as of
- 04/2024
- EIN
- 81-1304925
Organization Overview
The India Center Foundation Inc is located in Brooklyn, NY. The organization was established in 2016. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. India Center Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2024, India Center Foundation Inc generated $14.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (23.0%) each year. All expenses for the organization totaled $85.5k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THROUGHOUT THE FISCAL YEAR, THE ORGANIZATION WAS IN THE PROCESS OF DISSOLUTION, WORKING TOGETHER WITH ITS SUCCESSOR PUBLIC CHARITY, INDIAN FILM FESTIVAL OF LOS ANGELES ON THE TRANSFER OF THE INDIAN CENTER FOUNDATION, INC BRAND. THE PROJECT TRANSFER AGREEMENT WAS SIGNED IN OCTOBER 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raoul Bhavnani President | 5 | $0 | |
Priya Giri Desai Secretary | 5 | $0 | |
Rajiv Goyle Treasurer | 1 | $0 | |
Tehzeeb Hoosenally Director | 1 | $0 | |
Varun Mehta Director | 1 | $0 | |
Mohit Assomull Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,875 |
| Total Revenue | $14,875 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,585 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $970 |
| Total expenses | $85,455 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |